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Latest news about Sapphire Foods

Sapphire Foods Reports Mixed Q2 Results with 7% Revenue Growth Oct 27, 2025

Sapphire Foods India Limited, operator of KFC and Pizza Hut in India and Sri Lanka, reported a 7% year-on-year increase in consolidated revenue to ₹740.00 crores for Q2. KFC saw 7% revenue growth, while Pizza Hut faced a 6% decline. Sri Lanka operations grew 18% in local currency. The company added 21 new restaurants, reaching its 1000th outlet milestone. Despite revenue growth, Restaurant EBITDA decreased by 12% to ₹83.60 crores, and Adjusted EBITDA fell 24% to ₹45.00 crores. Sapphire Foods is focusing on strategic initiatives to drive growth and recover from current market challenges.

Sapphire Foods Halts Pizza Hut Expansion in India Amid Sales Decline Oct 24, 2025

Sapphire Foods Reports Consolidated Loss of Rs 145.25 Million for H1 FY2026; Director Rohitt Mutthoo Resigns Oct 17, 2025

Sapphire Foods India Faces INR 1.01 Million GST Demand Order from Raipur Authorities Sep 11, 2025

Sapphire Foods Clarifies Executive Director Appointment and Remuneration Details for Vijay Jain Aug 01, 2025

More news about Sapphire Foods

30Jul 25

Sapphire Foods Reports 8% Revenue Growth in Q1, Margins Decline Amid Value Campaigns

Sapphire Foods India Limited, operator of KFC and Pizza Hut in India and Sri Lanka, reported Q1 revenue of Rs 775.00 crores, up 8% year-on-year. KFC saw flat same-store sales growth but positive transaction growth. Pizza Hut faced challenges with 5% revenue decline. Sri Lanka operations showed 12% same-store sales growth. Consolidated restaurant EBITDA margin contracted by 290 basis points to 12.2% due to investments in value campaigns and increased delivery mix. The company added 11 new restaurants, bringing the total to 974.

25Jul 25

Sapphire Foods Pursues Multi-Channel Growth and Cost Optimization to Boost Profit Margins

Sapphire Foods, franchisee for YUM! Brands in India, Sri Lanka, and Maldives, is executing a multi-channel growth approach with cost-saving initiatives. The company is optimizing restaurant sizes, strengthening omni-channel presence, and integrating digital kiosks. Cost-saving measures include zero-based budgeting and a benchmarking program. Despite challenges, restaurant sales increased by 8% year-over-year to ₹7,748.00 million, with EBITDA at ₹1,134.00 million. The company operates 974 restaurants across KFC, Pizza Hut, and Taco Bell brands, focusing on organic growth and exploring potential acquisitions.

25Jul 25

Sapphire Foods Reports 8% Revenue Growth, EBITDA Margin Declines in Q1

Sapphire Foods India Limited, a franchisee for Yum! Brands, reported Q1 restaurant sales of ₹7,748.00 crore, an 8% year-over-year increase. However, EBITDA margin declined to 14.6% from 17.3%, and adjusted EBITDA fell by 22% to ₹548.00 crore. The company operates 974 restaurants across India, Sri Lanka, and the Maldives, adding 11 new outlets in Q1. KFC India showed strong performance with 11% revenue growth and 15.70% EBITDA margin. Pizza Hut India faced challenges with a negative 2.50% EBITDA margin despite 6% revenue growth. Sri Lanka operations demonstrated 19% revenue increase with 12.70% EBITDA margin. Sapphire Foods was recognized as the World's Best KFC Franchisee at the Yum Global Franchise Convention.

24Jul 25

Sapphire Foods Faces INR 51 Million GST Notice, Maintains Confidence in Financial Stability

Sapphire Foods India Limited has received a show cause notice from Delhi Sales Tax authorities for alleged GST return discrepancies in FY 2021-22. The notice amounts to INR 51 million, including interest and penalties. The company states the claim is not maintainable and expects no material impact on its operations. Sapphire Foods is evaluating the notice and plans to respond appropriately. An analyst and investor meeting has been scheduled to address concerns.

24Jul 25

Sapphire Foods Faces INR 51 Million GST Show Cause Notice

Sapphire Foods India Limited has received a show cause notice from Delhi Sales Tax authorities for alleged GST return discrepancies in FY 2021-22. The notice, issued under Section 73 of the CGST Act, amounts to ₹51 million, including interest and penalty. The company states the claim is not maintainable and expects no material impact. Sapphire Foods is evaluating the notice and plans to respond appropriately. The company has disclosed this information to stock exchanges in compliance with SEBI regulations.

24Jul 25

Sapphire Foods Faces INR 51 Million GST Show Cause Notice for FY 2021-22

Sapphire Foods India Limited, a YUM franchisee operator, has received a show cause notice from Delhi's Sales Tax Officer for alleged GST return discrepancies in FY 2021-22. The notice, totaling INR 51 million, includes interest and penalties. Sapphire Foods claims the notice is not maintainable and expects no material impact. The company is evaluating the notice and will respond accordingly. Sapphire Foods operates KFC, Pizza Hut, and Taco Bell restaurants across India and Sri Lanka.

04Jul 25

Sapphire Foods Responds to Merger Speculation with Devyani International

Sapphire Foods India Limited has responded to market rumors about a potential merger with Devyani International Limited. The company stated it routinely evaluates strategic opportunities for growth but neither confirmed nor denied the specific merger rumor. Sapphire Foods, which operates KFC and Pizza Hut outlets in India, Sri Lanka, and the Maldives, emphasized its openness to various growth strategies while maintaining transparency with stakeholders.

09May 25

Sapphire Foods India Ltd. Sees Significant Block Trade on NSE

A significant block trade of 506,108 shares of Sapphire Foods India Ltd. occurred on the National Stock Exchange (NSE). The transaction was executed at Rs. 300.00 per share, totaling Rs. 15.18 crores. Sapphire Foods India Ltd., a major franchisee of Yum! Brands, operates KFC and Pizza Hut restaurants in India, Sri Lanka, and the Maldives.

07May 25

Sapphire Foods India Reports Mixed Q4 Results with Slight EBITDA Growth

Sapphire Foods India's Q4 results show a marginal EBITDA increase to ₹106.00 crore from ₹103.00 crore year-over-year. However, EBITDA margin contracted to 14.90% from 16.30%. Net profit declined by 25% to ₹18.00 crore from ₹24.00 crore in the previous year. The results indicate operational efficiency amid challenging market conditions but highlight pressures on profitability.